Adriana Resources Inc. announces that the Company and ArcelorMittal have agreed to extend the time to complete the definitive agreement contemplated in the Port Agreement from January 9 to April 22, 2009.
Michael Beley, President and CEO of the Company, stated, “Adriana continues to focus on obtaining a construction permit to develop a multi-partner, multi-use iron [...]

Medallion Resources Ltd. announces the closure of two non-brokered Flow-Through private placements of the Company’s shares. The gross proceeds raised totals $397,632.00, which will be used to fund exploration at the Romaine Iron-Titanium Project.
The first placement involved the issue of 1,266,999 flow-through common shares at $0.15 per share to raise gross proceeds of $190,049. Two [...]

Meridium Inc., the global leader in asset performance management software and consulting solutions, announced that Samarco Mineracao S.A has implemented Meridium software to ensure the stability of its operations and industrial processes with practices that reconcile the best possible availability, with a guarantee of high reliability.
Founded in 1977, Samarco is a pioneer in the processing [...]

Altius reports that it has signed an iron ore exploration and royalty agreement with Kennecott Canada Exploration Inc., a member of the Rio Tinto Group of companies.
KCEI may earn a 51% interest in eight exploration licences owned by Altius that are located throughout the western Labrador iron ore mining district by reimbursing Altius for its [...]

Mechel OAO, one of the leading Russian mining and metals companies, announces that VTB Bank has provided the Company with credit lines in the amount of 15 billion rubles (approximately US$560 million).
VTB Bank has opened one-year credit lines totaling 15 billion rubles for Yakutugol OJSHC, Southern Kuzbass Coal Company OAO and CMK OAO, subsidiaries of [...]

Mr. Buck Morrow, President of Northland Resources Inc. announce, as per Northland’s press release of November 20th, that the Chief Mine Inspector of Sweden has granted an exploitation (mining) concession for the Tapuli iron ore project in northern Sweden. Tapuli has the potential to produce up to 3 million tonnes per annum of high grade, [...]

Ecometals Limited is pleased to announce summary results of exploration programme on its iron projects and the start of a new manganese JV in Brazil.
Airborne geophysics surveys completed in the third quarter 2008 have resulted in a significant strike extension of the strongly magnetic iron formations. The original Matapi Central occurrence, which was previously drilled [...]

Logan Resources Ltd. announce that initial drilling results have confirmed historic Noranda surface drilling in the area. The initial four drill holes (totaling 1,100 metres) were sited to test an area where Noranda had completed four surface holes in the 1960’s. Logan’s four holes averaged 50.4% iron over an average vertical width of 55.8 metres [...]

Cantex Mine Development Corp. announce that Vale International SA, a wholly-owned subsidiary of Companhia Vale do Rio Doce, has signed a letter agreement for the Company’s Suwar, Wadi Qutabah nickel, copper, cobalt and platinum group element projects in Yemen.
Vale’s minimum exploration commitment under the agreement is US $2 million to be spent prior to August [...]

Northland Resources Inc. announce that the Chief Mines Inspector of Sweden has granted the Exploitation Concessions for Tapuli K1 and Tapuli K2. The granting of the concession has been communicated to the parties involved in the land use of the area and has been released by Mines Inspectorate to Northland and the public today.
Northland will [...]